M&A Deal Summary

Bridge Specialty Group Acquires Tim Parkman

On May 8, 2025, Bridge Specialty Group acquired insurance company Tim Parkman

Acquisition Highlights
  • This is Bridge Specialty Group’s 3rd transaction in the Insurance sector.
  • This is Bridge Specialty Group’s 4th transaction in the United States.
  • This is Bridge Specialty Group’s 1st transaction in Mississippi.

M&A Deal Summary

Date 2025-05-08
Target Tim Parkman
Sector Insurance
Buyer(s) Bridge Specialty Group
Deal Type Add-on Acquisition

Target

Tim Parkman

Clinton, Mississippi, United States
Tim Parkman is a full-service wholesale insurance brokerage providing customers with consistently superior service while sustaining positive underwriting results. Tim Parkman was formed in 2002 and is based in Clinton, Mississippi.

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Buyer(S) 1

Buyer

Bridge Specialty Group

Jacksonville, Florida, United States

Category Company
Founded 2021
Sector Insurance
DESCRIPTION

Bridge Specialty Group was formed to encompass its broad portfolio of wholesale insurance businesses and is focused on bringing the power of its collective size and specialty to the wholesale brokerage marketplace. Composed of more than 25 boutique brands, Bridge Specialty Group creates a more seamless way to connect the varying needs of its retail partners with the market clout and talents of our wholesale entities.


DEAL STATS #
Overall 4 of 4
Sector: Insurance M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Mississippi M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-03 Nationwide Brokerage Solutions

Columbus, Ohio, United States

Nationwide Brokerage Solutions is a wholesaler and market access provider connecting local agents with industry-leading carriers to protect families and businesses. Nationwide Brokerage Solutions is based in Columbus, Ohio.

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